Ethiopia Utility Poles Market Size & Outlook, 2023-2030
Ethiopia utility poles market, 2018-2030 (US$M)
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Ethiopia utility poles market highlights
- The Ethiopia utility poles market generated a revenue of USD 72.8 million in 2023 and is expected to reach USD 109.3 million by 2030.
- The Ethiopia market is expected to grow at a CAGR of 6% from 2024 to 2030.
- In terms of segment, transmission & distribution pole was the largest revenue generating product in 2023.
- Light Pole is the most lucrative product segment registering the fastest growth during the forecast period.
Utility poles market data book summary
| Market revenue in 2023 | USD 72.8 million |
| Market revenue in 2030 | USD 109.3 million |
| Growth rate | 6% (CAGR from 2023 to 2030) |
| Largest segment | Transmission & distribution pole |
| Fastest growing segment | Light Pole |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Transmission & Distribution Pole, Light Pole, High Mast Pole, Monopole |
| Key market players worldwide | Al-Babtain, American Timber and Steel Co., Bell Lumber & Pole, Energya Group, HAS Engineering, New Forests, Omega Company, Orbix, Stella Jones, Valmont Industries Inc, Kec, AISHA STEEL MILLS LTD, Nippon Steel Corp, Tata Steel Ltd GDR - 144A, Jyoti Structures, Sabre Industries, Foresite Group |
Other key industry trends
- In terms of revenue, Ethiopia accounted for 0.1% of the global utility poles market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia utility poles market is projected to lead the regional market in terms of revenue in 2030.
- Nigeria is the fastest growing regional market in Middle East & Africa and is projected to reach USD 289.4 million by 2030.
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Utility Poles Market Scope
Utility Poles Market Companies
| Name | Profile | # Employees | HQ | Website |
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Ethiopia utility poles market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to utility poles market will help companies and investors design strategic landscapes.
Transmission & distribution pole was the largest segment with a revenue share of 62.23% in 2023. Horizon Databook has segmented the Ethiopia utility poles market based on transmission & distribution pole, light pole, high mast pole, monopole covering the revenue growth of each sub-segment from 2018 to 2030.
Ethiopia's utility poles market is driven by robust infrastructure development initiatives, including electrification projects aimed at rural areas. The country's expanding urbanization and industrialization also contribute to increased demand for utility poles to support power transmission and distribution networks.
Additionally, Ethiopia's focus on renewable energy sources such as hydroelectric power necessitates extensive network expansion, further boosting the utility poles market growth.
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Target buyers of Ethiopia utility poles market databook
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Our clientele includes a mix of utility poles market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Ethiopia utility poles market , including forecasts for subscribers. This country databook contains high-level insights into Ethiopia utility poles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Ethiopia utility poles market size, by product, 2018-2030 (US$M)
Ethiopia Utility Poles Market Outlook Share, 2023 & 2030 (US$M)
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